LifeManaged Blog
Your Lifetime Contract: How Career Earnings Can Add Up to Millions
We all experience sticker shock when we hear about professional athletes landing massive contracts or scoring lucrative brand deals. A $200 million max contract? Wild. Yet, if you pause to think about it, aren’t we all on our own sort of “contract” in life? While most of us aren’t dribbling basketballs or signing sneaker endorsements, our talents—paired with our careers—form the foundation of our financial lives.
Is Social Media Hurting Your Wallet? Time for a Reality Check
Let’s get real—”Keeping Up with the Joneses” has been around for ages, but thanks to social media, it’s now gone global. Every time you scroll through Instagram, you’re hit with a curated feed of luxury vacations, fancy dinners, and shopping sprees, and it’s hard not to feel a little envious. But here’s the question: Is all that glam worth the cost?
Tips to Avoid Buyers Remorse
Buying a house is often seen as a major milestone—a symbol of success and stability. But in the rush to achieve this dream, many overlook the financial reality behind homeownership. Unfortunately, without proper guidance, a significant number of new homeowners end up regretting their purchase due to unexpected financial strain. So, what’s the smart move? Hire a financial advisor before you sign on the dotted line. Here’s why it matters and how it could save you from one of the biggest financial regrets.
Don’t Let Politics Derail Your Investments
As we head into fall of 2024, it’s a good time to reflect on some key lessons from the year so far—especially when it comes to investing. We’ve seen market swings, political shifts, and economic tightening, all of which can make you feel like you should be adjusting your financial strategies based on the latest headlines. But here’s a little secret: the best investment strategy often has little to do with who’s in office.
9 Essential Retirement Strategies for a Secure Future
Planning for retirement is one of the most important steps you can take to secure your financial future. By putting the right strategies in place, you can build a retirement plan that provides stability and peace of mind. Below are nine key strategies to help you prepare for a comfortable and financially secure retirement.
Buying vs. Leasing a Car: A Strategic Decision for Long-Term Value
Deciding between buying or leasing a car is more than just a personal preference—it’s a strategic financial decision. For professionals and savvy drivers, both options offer distinct advantages and drawbacks depending on individual needs, driving habits, and long-term...
The Process of Discomfort: Pushing Through for Financial Mastery
In the world of finance, as in life, growth requires navigating discomfort. Whether it’s confronting a new financial landscape, recalibrating an investment strategy, or executing major financial decisions, discomfort is often a precursor to meaningful progress. For those already versed in managing their money, this discomfort isn’t unfamiliar—it’s a necessary part of evolving your financial strategy. Let’s explore how leaning into this discomfort is key to achieving greater financial stability and success.
Supporting You Through Every Life Transition
In the past month alone, my clients (in no particular order) have had a baby, bought a house, gotten engaged, joined a country club, bought a second home, changed jobs, exercised stock options, and even purchased a new business. It’s clear that life doesn’t move at the same pace for everyone, and that’s exactly why we’re here.
Reverse Budgeting: A Simpler Approach to Managing Finances
Let’s face it—budgeting is hard. In fact, 79% of people fail at sticking to their budget because it’s time-consuming and feels too restrictive. You start with good intentions, meticulously tracking every dollar spent, but after a few weeks, it’s easy to feel overwhelmed and burnt out. The rigidity of traditional budgeting can make you feel trapped, leading many to abandon their budgets altogether. If you’ve ever felt this way, reverse budgeting might be the solution you’ve been looking for.
DINKS
Ah, the DINK life—Dual Income, No Kids. Sounds like a dream, right? Endless brunches, and spontaneous vacations with no diaper bills. But before you start planning your next great adventure, let’s talk finances. With great purchasing power comes great financial responsibility.
